Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1887-06-16
EXCITED MIRkEfS
The Great Grain CeBters
Excited ever the Chi
esg0 Failures.
Federal Courts Crowded
With a Swarm of Chi
nese Petitions.
THE TRADE OF ASIA.
Habits of the Hop Louise In
vestigated by Profess
sor Riley.
Marquis Drl camP0 Event Of the Near
Fstare hiesss Trick ExpSssd.
q p Of Twenty kiles-Cea,e
Mdket-oaesiioa Of Faster
MSn Time cans'd.red.



cfsoiNSATI PEoPLK CONE TO TsE As
1 sIsTANCg OF rHH cIIQUR-AEa-
SHAW WILL POLL THRoUaH
| CRIoAao, June Ian extra edit 4
cations are THAI ksrshaw L Co will pail
through and that coz ms OF TIE big
failures that were i1lminenl viii be
aVerte4 Wiltshire OF Gineinnati, the
head and front of the wheat oaq ae, with
q number Of fEiends, is in town eth a
pot or money 20 back ksrshAw. II is
said that the Cincinnati crowd will in
stat bsfsFs putting up thai KsEshaw's
trades be rsinstated. This Eg2lee.on,
kerSh4W's partner, is able 10 do him.
self IL be chooses.
kershaW said i1ss bsfors the opAnine
Of the Bsafd this nlornina: IL will pay
my didsfeacss today and the margin 10
ths nark1t."
WIliahirs said: "Ksrshav has tbe
money aad will 10 through all right 20
day."
There vas an enormous crowd 90 ths
doors and galleries oe the BJard of
Trade long before the opening boar this
ncrnine. When the bell sounded OF
$50 roar vent up aud the days ses
sion began. The irst sales of wheat
we're al tx for juno and 76 for Jaly.
which was an advsues Of 4 and !. re-
| spec.iveiy. Soon after epeniRg Presi
dent Wright asnourcsd tine suspension
Of four small firms, J. Ii. i0ust & Co,
h. J. Met leary, 4. q. Orr aua Pickering
a &c. Toe suapeusi0n Of these arms
did not o4use any excitement. as they
we're Ia no Wy Identified with the
clique.
AZ 10 o'clock tbs prizes was III for
June and Tj1s for Jsiy.
gxAALk TO MEEr CONTACTS.
NEw Y1Ek. June l5.-OaarIes Hen
/ r0tsu, a Chisa0o operator who joined
the Nsw York stock Exchange on Jan.
| Is b, iss6. n0lifi d the Exchange this
morning thst he WAS aSabla 10 t0est bis
cORtracte.
DUBIOUS BULLETIN.
CHICAGO, June l5.-Kershaw 4 o.. are
| ofEieiailY posed as having failed TO 20
| through the clearing houses. Tnis
means their collapse. Tne INN sdiste
cause of the failure 10 dae to kosanieii
4 Co., who garuishsed kershsW's Ac-
count Ia tho American EEchangs Ns-
tional Bank.
MORE CHEEaFUL Foa KEEsaAw.
CHICAGO, June l5--The announce
| meut IN Fegasd to kershav 4 Co seems
not TO have been we'll founded. and tkst
| hrm Is apparently meeting sill olsiml.
| KGnofs put the sIBoHni OF u ,neY at
their G4nd as million dollars.
BEARS AT woRK.
The Bears are steadily p1uRdinR the
market. and prices since 10 o. clock hsvs
declined. At l0:l6 Jniy wheat was a.
from there it dropped 10 Hs1. then
down 10 74ll, then 49, aud up one
eight TO 75 and at 1850 II was 73x.
THK LAST RAID BE THE REARs
Has had a disgusting effect on the
board, and there 10 q renewal Of the
nervous excitement and uncertainty Of
Yesterday and early this moFnins. This
was probably increased by ths rGmor
that ksrshaw i ca. would margin their
wheat down ts 7S cents only.
AT 1908 THE WHEAT PIT
Was "a quiet as on any ordinary Ilay.
Tue Bears made another raid on Jaiy
whsst. aud il cold DIVA by iimD3 to
73si 10 7S55, to -, thsn up 10 1Si4 sad
back TO -. Ths pit is onJs more all
nervous excitement, aud the unesrtain
members who had sought other Pits
during the calm have returned 10 wheat.
Ii:30 o. m.-IIiberal orders to boy
wheat are costing IN from o1tslde
| p0iete, and the market 10 becoming
stronger. July wheat sold 40 10 u, aad
is nov quoted at 735i With 9 stronger
tendency.
kKToRT Of sUREsaoS DENIED.
NEw YoRK, June l5.-There we're re-
/ Afaawsaa UAaanNatAs suhe -
also q member Of the Stock Exchange,
vas suspended there, but these reports
we're unfounded, and be telegraphed his
New Y0Fk correspondents thst be did
not owe dollar on the Stock Ex shaage,
BUT ONE sALx.
OsScfNSATI, Jane l5.-Ihere was con
| siderable interest amol2 tie grain Den
on Change ia the 1aetuAlioss ia the
wheat market in Oaicsgs. bat very ia
tie disposition to do business. Bot one
sale Of wheat was N ds at the call -
which il iOwssthan was bid yesterday.
ToUR AoKE FAILuREs.
CHIoAas, June I5.--Four more fail
usea have last beer. announced on
Change. The firms IRE r. b. Billing 4
Co, Crosby L Co, HibbaFd 4 CO. and
M b. Crafts. BAlIing a 90. claim TO
be even on she markst. Tie saspen-
sioa OF HibbaFd i Co. and CROSBY a %.
, caused surprise As both came unexpect
edIy. Hibbard & %. claim TO be sol-
vent.
KxcTKzgKST IscREAsIs6.
CaIoAoo, Jane I5--The saseensiOn Of
81 nj. Robinson and Crafts 4 Co. have
teen announced. Ia the prsseat anset-
tied condition Of Affairs even the mem
bsrs Of the fiFm havs no idea hos tAey
stazd. The mAafna are open and the
trades nusettled, and until mattera are
adjusted ID will be nsxl 10 lmpossible to
tel hov aEy Of tie 6Fms stand. Ice
! sxsitensnt in the pit - increasing and
the bsATs are savAgely Eaiding tue mar
keL
cLosISo HALF HOUE-
CascAso, June l5-i o. The clos
ing half hear 90 'OeABGs vas alaost q
oompiete sulsidsnce OF the exciteuien,
Sbich prevailed when Jaly wheat broke
10 20. shcFtly aftsgDooa the announes
( rcens that Kessbaw had failed 30 inset
his elearanse hose diaereness Vas
posted. bot Il seemed 10 have little or no
effect on pFiess. ksxskaS said he oo1ld
nesl all slAinls aRAias; The dfm Il R0-
seafeld had no; RArHisEeed TIE mOEeJ
whish vas checked against. thsrsbJ
tyias up 9 mislioa dollars VhisA raDci
says he had 10 Eis credit
0THxEs wao EAILED.
CHFcA0o, June Il The foiiOvini
firms have slso failed 10 - thrsagh ihi
clearing b0ases. ). D. EidridRe. 81. y
Crafts 4 Co, H. ID Ma;thews, foest
BFisrly, b. J. AeClsAKy. H. J. Yaos. 1
Co, aud Pickering & Co. IEst bsf0s
!, the 0lese Of the sssssoa j. b. kldfi3a
3 Z ,. announced thai they weFs svtl
90 tbs market and rsgosstsd that tbsl
trades shosid not Be ci0sed ost. II
poEniuQ sessioa closed witb . nFms
q fsssinz Daring TIE lAsl kSaF Jai